OnDeck Announces Forward Purchase Agreement to Sell up to $500 Million of Marketplace Loans
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Leucadia National (LUK) Reports Q2 EPS of $0.11
August 5, 2015 8:24 AM EDTLeucadia National (NYSE: LUK) reported Q2 adjusted EPS of $0.11, versus $0.17 reported last year. Revenue for the quarter came in at $2.84 billion, versus $2.85 billion reported last year.
For earnings history and earnings-related data on Leucadia National (LUK) click here.
... MoreNeedham & Company Cuts Price Target on On Deck Capital (ONDK) Following 2Q Results
August 4, 2015 9:26 AM EDTNeedham & Company maintained a Buy rating on On Deck Capital (NYSE: ONDK), and cut the price target to $19.00 (from $28.00), following 2Q results. ONDK reported $0.10 in non-GAAP EPS, $0.02 ahead of consensus.
Analyst Mayank Tandon commented, "ONDK delivered 2Q results in-line with the positive preannouncement... More
On Deck Capital (ONDK) Tops Q2 EPS by 5c; Issues Q3 Outlook
August 3, 2015 4:11 PM EDTOn Deck Capital (NYSE: ONDK) reported Q2 EPS of $0.11, $0.05 better than the analyst estimate of $0.06. Revenue for the quarter came in at $63.3 million versus the consensus estimate of $61.94 million.
OnDeck provided the following guidance for the three months ending September 30, 2015 and year ending December 31,... More
On Deck Capital (ONDK) Enters Purchase Agreement to Sell up to $500M of Marketplace Loans
August 3, 2015 4:10 PM EDTOn Deck Capital (NYSE: ONDK) announced today that an affiliate of Jefferies Group LLC, the global investment banking firm, has entered into an amended forward purchase agreement giving Jefferies the ability to purchase up to $500 million in small business loans through OnDeck Marketplace® over the next 12 months.
OnDeck Marketplace is a platform that enables institutional investors to purchase small business loans originated by OnDeck.
OnDeck Marketplace has grown substantially since it first... More
